Quotes with Resistance & Support
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Intraday calls for 24-09-12

Posted on: September 24th, 2012 at 8:36 am

Markets likely to open slightly lower. Support for nifty is at 5640 and resistance at 5710

Buy Amara Raja Batteries on dips near 395-398, target: 408. Stoploss: 388 – (If entered Amara Raja at opening, book profit at 414)

Sell Jaiprakash Associates at 83.30, target: 80. Stoploss: 85.50 – (SL triggered in JP. if holding in futures, continue to hold)

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670 Responses

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Comment pages: 343536373839404142Show all

  1. ravii Says:
    September 24th, 2012
    Posted at: 8:23 pm

    Hello Kartik,

    Please suggest on DLF.Holding DLF 240 call


  2. MURALI Says:
    September 24th, 2012
    Posted at: 8:45 pm

    HI every one......

    what may be the fait of Tata power tomoro it slipped from 106 to 103... i am holding 100 ce i lot... please tell me whether i should exit the call tomoro morning or shall i hold it.....


  3. Munna Says:
    September 24th, 2012
    Posted at: 8:56 pm

    Hi Be!ng Human, Let's hope for the best.


  4. Kartik Says:
    September 24th, 2012
    Posted at: 9:01 pm

    Hi vinit, most welcome

    Hi sanzy, it has rallied quite a lot lately, and is likely to see some consoldiation around 11200-11400 levels before moving up higher, hold the CE with a SL at 11190

    Hi MURALI, saw profit booking today, it faces strong resistance at 106, a close above which can take it to 120+ levels, continue to hold the CE for a few more days with a SL at 102

    Hi ravii, hold it with a SL at 232, can see some profit booking after its recent rally


  5. MURALI Says:
    September 24th, 2012
    Posted at: 9:05 pm

    sir but it is sep series sir..... 3 days left for expiry..... i have bought 1 lot of 100 ce sep series bought at 4.45 shall i hold........ if so till which date sir...


  6. kumar raju Says:
    September 24th, 2012
    Posted at: 9:18 pm

    hi i am holding tatachemicals long pls suggest


  7. tushar Says:
    September 24th, 2012
    Posted at: 9:20 pm

    Hello Kartik sir, good evening!

    Is it good to buy hdfc 800 oct call at 9.25 at this time?

    Thanks in advance.


  8. Munna Says:
    September 24th, 2012
    Posted at: 9:20 pm

    Hi Kartik, Dow recovered from low and trading flat. How will NIFTY trade tomorrow? Can we profit booking and NIFTY near 5640?


  9. subramani Says:
    September 24th, 2012
    Posted at: 9:21 pm

    Hi Kartik,
    I have pfc 210 ce and rec 240 ce. I have to book profit at opening or i have wait? How it will be tommorow?


  10. SaiPalanivel Says:
    September 24th, 2012
    Posted at: 9:31 pm

    HI KARTIK SIR,GE.NIFTY OPEN TOMORROW DOWN/FLAT/HIGH.WHATS YOUR VIEW US TRADES FLAT LEVEL.SGX NIFTY STILL IN GREEN.


  11. RAVI Says:
    September 24th, 2012
    Posted at: 9:38 pm

    hi kartik, holding orbit corporation @46 kindly suggest 2-3days tgt &sl


  12. Kartik Says:
    September 24th, 2012
    Posted at: 9:43 pm

    Hi MURALI, continue to holding it with the mentioned SL, if it trades flat, rollover

    Hi kumar raju, hold it with SL at 315 (cash), its seeing profit booking

    Hi SaiPalanivel, for now it seems we may open flat

    Hi tushar, wait for some more profit booking in it

    Hi Munna, likely to see some more consolidation around 2650-57000

    Hi RAVI, hold it with tight SL at 45, it has been trading in narrow range for the past few weeks, may take some time to give a breakout


  13. raj Says:
    September 24th, 2012
    Posted at: 9:57 pm

    hi kartik
    us markets in red but sgx in green.nifty open +ve tomorrow


  14. raj Says:
    September 24th, 2012
    Posted at: 10:04 pm

    hi karthik
    what will be effect of power reform on bank nifty


  15. Kartik Says:
    September 24th, 2012
    Posted at: 10:04 pm

    Hi raj, likely to open flat


  16. subramani Says:
    September 24th, 2012
    Posted at: 10:08 pm

    Hi Kartik,
    you missed my query.

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